NOT LISTED FOR SALE

Estimated Value: $299,000 - $331,895

4 Beds
2 Baths
2,304 Sq Ft
$136/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $187,500 $81 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,030/month

2 Days on Market

Highlights

  • Recreation Room
  • Formal Dining Room
  • Woodwork
  • Traditional Architecture
  • 2 Car Detached Garage
  • Views

About This Home

As of October 2020

Location, location, location. Right next to campus and shopping. This 4br rental home has a signed lease through May 2021. It has some deferred maintenance but there is so much room to improve upon and increase equity while not having to go through the hassle of finding tenants for upcoming leases. Quite a bit of off street parking along with an oversized garage make for good tenant parking. 24 hrs notice required for showings. Property is currently managed by a local rental management company or new owner can manage themselves.

Last Agent to Sell the Property

Brian Rud

Messina & Associates Real Estate Listed on: 09/02/2020

Co-Listed By

Deanna Bennett

Messina & Associates Real Estate

Last Buyer's Agent

Jordan Decaro

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,202

Year Built

  • Built in 1925

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Utilities

  • Boiler Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 010-2810-00150

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,202

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From East 4th St. head up Woodland Ave to property
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 81.38
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Reso Association Amenities: Natural Woodwork
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1536
  • Below Grade Finished Sq Ft: 768
  • Garage Type: Detached
  • Heat: Boiler, Natural Gas
  • MainFloorBath: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 4
  • Year Built: 1925
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • RoomLevel6: Main
  • RoomLevel7: Lower
  • RoomLevel8: Lower
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Egress Windows, Partially Finished, Bath, Bedrooms
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, Full Upper
  • Formal Dining: Formal Dining Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Rec Room
  • Room 8: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2304
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Off Street
  • Garage Capacity: 2

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Schools

  • School District: Duluth #709
  • Junior High Dist: Duluth #709

Lot Info

  • Geo Update Timestamp: 2020-09-02
  • Estimated Lot Dimensions: 50x140
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-2810-00150

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 3202

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Oct 9, 2020
Sold by
Langeness Real Estate Llc
Bought by
Dmjemac Properties Llc
Seller's Agent
Brian Rud
Messina & Associates Real Estate
Buyer's Agent
Jordan Decaro
RE/MAX Results
List Price
$187,500
Sold Price
$187,500
Current Estimated Value
$314,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,724
Avg. Annual Appreciation
10.78%
Original Mortgage
$152,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2012
Sold by
Langeness Charles E and Langeness Sandra R
Bought by
Langenesss Real Estate Llc

Purchase Details

Closed on
May 27, 2004
Sold by
Heaslip John P and Heaslip Kathryn J
Bought by
Langeness Charles E and Langeness Sandra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,257
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2001
Sold by
Minnesota Housing Finance Agency
Bought by
Hud
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dmjemac Properties Llc $187,500 North Shore Title
Langenesss Real Estate Llc -- None Available
Langeness Charles E $175,321 Ati Title Company
Hud -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dmjemac Properties Llc $1,175,000
Closed Dmjemac Properties Llc $152,000
Previous Owner Langeness Real Estate Llc $55,000
Previous Owner Langeness Charles E $132,489
Previous Owner Langeness Charles E $140,257
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $187,500 0.0% $81 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $187,500 -- $81 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,812 $264,300 $29,100 $235,200
2022 $3,238 $229,300 $25,300 $204,000
2021 $3,114 $195,700 $21,700 $174,000
2020 $3,202 $192,100 $21,300 $170,800
2019 $3,148 $192,100 $21,300 $170,800
2018 $2,898 $190,200 $27,200 $163,000
2017 $2,714 $187,100 $26,900 $160,200
2016 $2,540 $0 $0 $0
2015 $2,373 $168,200 $27,700 $140,500
2014 $2,373 $153,900 $5,200 $148,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6092796

APN: 010281000150